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Updated over 9 years ago,

User Stats

5
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0
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Brian Eddings
  • Investor
  • Bloomington, IL
0
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5
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First time post - Need advice

Brian Eddings
  • Investor
  • Bloomington, IL
Posted

I have a property that I have been renting for about 2 years now and the current renters are attempting to purchase the property. After a long negotiation we have came to a mutually agreeable price however, due to their current situation (finalizing a divorce) they wont be able to go through with the purchase for about 6 months. I would like to lock this in to prevent this negotiation from going back and forth over the next 6 months. Should I have them sign an option agreement or would I be able to do an actual purchase agreement this far out? Appreciate any advice. 

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